Much Awaited JKSSB Mock Test For Various Posts Available Now, Download PDF Here

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ACCOUNTANCY AND BOOK KEEPING

1. The main objective of Book-keeping is:
 (a) Complete recording of transactions
 (b) Ascertainment of Financial effect on the
business
 (c) Analysis and interpretation of data
(d) Both (a) & (b)

2. Which of the following transactions is not of
financial character?
 (a) Purchase of goods on credit
(b) Purchase of building
 (c) Payment of salaries
(d) Strike by employees

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